Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Resistance Heating Wire Market by Type (One-way Memory Effect, Two-way Memory Effect, Other), By Application (Aircraft, Medical surgery, Automotive, Home Appliance, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Resistance Heating Wire Market by Type (One-way Memory Effect, Two-way Memory Effect, Other), By Application (Aircraft, Medical surgery, Automotive, Home Appliance, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 384030 4200 Chemical & Material 377 170 Pages 4.5 (40)

Market Overview:

The global resistance heating wire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for resistance heating wires in various applications, such as aircraft, medical surgery, automotive, home appliance and others. In terms of type, the one-way memory effect segment is expected to hold the largest share of the global resistance heating wire market during the forecast period. This can be attributed to its high thermal conductivity and low electrical resistivity properties.

Global Resistance Heating Wire Industry Outlook

Product Definition:

Resistance heating wire is a type of wire that is used in electrical heating applications. It is made of a high-resistance material, such as nickel-chromium alloy, and it is used to generate heat by passing an electric current through it. Resistance heating wire is commonly used in industrial applications, such as metalworking and welding, where it can be used to heat metals to high temperatures.

One-way Memory Effect:

One-way memory effect (OWME) is a property of certain metals that allows them to retain their magnetism even after the external magnetic field is removed. The most common example of one-way memory effect metal is iron. Owing to this, it can be used in various applications such as electric motors, hard drives, and computers among others.

Two-way Memory Effect:

The two-way memory effect refers to a change in the electrical resistance of materials when exposed to magnetic fields. Materials exhibiting this effect include silicon, germanium, and iron oxide semiconductors. The two-way memory effect can be used for various applications including magnetic sensors and transducers as well as spintronics based devices (computers).

Application Insights:

The application segment includes aircraft, automotive, medical surgery, consumer electronics and other. The automotive sector is anticipated to witness significant growth over the forecast period owing to increasing demand for resistance heating wire in automobiles. Resistance heating wires are used in power trains of vehicles as well as engine components.

The growing use of RHD wires in various home appliances such as microwave ovens and cooktops is expected to drive the product demand over the forecast period. In addition, they are also used for heat transfer applications across a wide range of industrial equipment including soldering irons and welding equipment among others.

Regional Analysis:

North America dominated the global resistance heating wire market in 2016 owing to the presence of key aircraft manufacturers such as Boeing, Airbus and Lockheed Martin. The region is expected to witness a CAGR of XX% during the forecast period. Increasing demand for electric vehicles in North America on account of rising government initiatives such as ZEV (Zero Emission Vehicle) program by U.S Environmental Protection Agency (EPA) is anticipated to propel industry growth over the next eight years.

Asia Pacific regional market captured a revenue share exceeding 15% in 2016 owing to rapid industrialization and urbanization resulting into an increasing population base especially in China, India, Indonesia and Malaysia which are also major consumers of resistance heating wires due to their high product demand for various applications including medical surgery tools, aerospace equipment etcetera        ‰t home appliances).

Growth Factors:

  • Increasing demand for electric vehicles
  • Growing construction and infrastructure activities
  • Rising demand from the Asia Pacific region
  • Technological advancements in resistance heating wire products
  • Stringent government regulations for energy conservation

Scope Of The Report

Report Attributes

Report Details

Report Title

Resistance Heating Wire Market Research Report

By Type

One-way Memory Effect, Two-way Memory Effect, Other

By Application

Aircraft, Medical surgery, Automotive, Home Appliance, Other

By Companies

Dynalloy, Euroflex, Nitinol Devices & Components Inc., SAES Getters, Aerofits Products, Bose, Burpee Materials Technology, EchoBio, Endosmart

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Resistance Heating Wire Market Report Segments:

The global Resistance Heating Wire market is segmented on the basis of:


One-way Memory Effect, Two-way Memory Effect, Other

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Aircraft, Medical surgery, Automotive, Home Appliance, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Dynalloy
  2. Euroflex
  3. Nitinol Devices & Components Inc.
  4. SAES Getters
  5. Aerofits Products
  6. Bose
  7. Burpee Materials Technology
  8. EchoBio
  9. Endosmart

Global Resistance Heating Wire Market Overview

Highlights of The Resistance Heating Wire Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. One-way Memory Effect
    2. Two-way Memory Effect
    3. Other
  1. By Application:

    1. Aircraft
    2. Medical surgery
    3. Automotive
    4. Home Appliance
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Resistance Heating Wire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Resistance Heating Wire Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Resistance Heating Wire Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Resistance Heating Wire Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Resistance Heating Wire Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Resistance Heating Wire Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Resistance Heating Wire Market Size & Forecast, 2020-2028       4.5.1 Resistance Heating Wire Market Size and Y-o-Y Growth       4.5.2 Resistance Heating Wire Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 One-way Memory Effect
      5.2.2 Two-way Memory Effect
      5.2.3 Other
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Aircraft
      6.2.2 Medical surgery
      6.2.3 Automotive
      6.2.4 Home Appliance
      6.2.5 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Resistance Heating Wire Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Resistance Heating Wire Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 One-way Memory Effect
      9.6.2 Two-way Memory Effect
      9.6.3 Other
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Aircraft
      9.10.2 Medical surgery
      9.10.3 Automotive
      9.10.4 Home Appliance
      9.10.5 Other
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 One-way Memory Effect
      10.6.2 Two-way Memory Effect
      10.6.3 Other
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Aircraft
      10.10.2 Medical surgery
      10.10.3 Automotive
      10.10.4 Home Appliance
      10.10.5 Other
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 One-way Memory Effect
      11.6.2 Two-way Memory Effect
      11.6.3 Other
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Aircraft
      11.10.2 Medical surgery
      11.10.3 Automotive
      11.10.4 Home Appliance
      11.10.5 Other
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 One-way Memory Effect
      12.6.2 Two-way Memory Effect
      12.6.3 Other
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Aircraft
      12.10.2 Medical surgery
      12.10.3 Automotive
      12.10.4 Home Appliance
      12.10.5 Other
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 One-way Memory Effect
      13.6.2 Two-way Memory Effect
      13.6.3 Other
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Aircraft
      13.10.2 Medical surgery
      13.10.3 Automotive
      13.10.4 Home Appliance
      13.10.5 Other
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Resistance Heating Wire Market: Competitive Dashboard
   14.2 Global Resistance Heating Wire Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Dynalloy
      14.3.2 Euroflex
      14.3.3 Nitinol Devices & Components Inc.
      14.3.4 SAES Getters
      14.3.5 Aerofits Products
      14.3.6 Bose
      14.3.7 Burpee Materials Technology
      14.3.8 EchoBio
      14.3.9 Endosmart

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